View more on these topics

Government unveils £500m scheme to accelerate house supply

The Government has unveiled a £500m package of proposals to accelerate the building of homes by rewarding councils that speed up housing supply delivery and maximise the supply of building land in their areas.

The incentives, provided through the new Housing and Planning Delivery Grant, will rewardlocal authorities which show they are leading the way in both of these, and helping to meet the Government’s ambition of 240,000 new homes per year.

Housing minister Yvette Cooper also announced progress in delivering more green homes and more homes on brownfield sites. She revealed that 200 more disused public sector sites across the country have been identified as potential sites for housing and could contribute thousands of new homes. This brings the total of brownfield sites being assessed for development suitability to more than 750.

Cooper revealed an enthusiastic response to the Government’s challenge to the house building industry for all new homes to be zero carbon by 2016. Over 150 organisations, including housebuilders, green groups and local councils, have now put their names to the 2016 Commitment to work together to build 240,000 new zero carbon homes a year within a decade. 152 signatories, including the Home Builders Federation, Local Government Association, Green Building Council and WWF as well as individual developers and councils have now ‘taken the green building pledge’ and signed up to the Commitment.

Cooper says: “Families across the country need more affordable homes. We want to give more support to communities and councils who are doing their bit to deliver the extra homes we need.

“This money is about extra support for the councils which are already doing their bit. Some of them are doing a lot of work to support additional housing, but we know that others really need to do more. I want this new cash injection to push local authorities to raise their game.”


Trap door

New rules are being proposed to deal with the issue of insurance contracts and disclosure

Cofunds confident despite £11m loss

Cofunds made a further loss of £11.5m last year but says its revenue is rising faster than its assets and costs are stable.The platform says it is keen to broaden its product range and is looking at offering annuities and drawdown products.Finance director Andrew Harris says Cofunds will bed in the cash account it is […]

Bulldog spirit

Henderson Rowe dogs of the FTSETM 100 fund manager Giles Rowe overcame a flying phobia and an extreme fear of heights to raise money for children’s charity Fly2Help.Rowe took to the cockpit of a Bulldog aerobatic plane for a day of aerial rolls, loop the loops and simulated dogfights at 10,000 feet over Kemble in […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm